The Coming Tidal Wave of Evictions And Foreclosures
When I consult directly with my Group Home Entrepreneur clients and even when I have brief conversations with my website development clients, one thing I continue to mention is getting ready for the end of this year and early next.
Why?
BECAUSE THERE IS A FLOOD OF EVICTIONS AND FORECLOSURES
that will hit the market whenever the courts begin opening up…
Let me tell you a quick story and then share how you can MAKE A FORTUNE picking up these properties for pennies on the dollar or simply taking over payments..
ANDY’S STORY…
I have a property (not a group home) and the tenant has not paid rent since April. Do the math! It will cost me $10,000 by the time it is all said and done.
AND HERE IS WHY THIS COULD MAKE YOU $50,000…
Because your average landlord cannot handle a $10,000 hiccup. It is just way to much money. This is where you come into play:
#1. Reach out to your local court house and look up all the eviction cases and foreclosures in your specific area. Build your excel spreadsheet of the owners name, number, email address etc. Then pick up the phone and reach out to them!
THESE ARE MOTIVATED SELLERS!!
On the other side of the coin, many of these folks will be more than happy to deed you over their property for a few thousand if you promise to handle the tenant/eviction riff-raff.
ALL OF THE SUDDEN, YOU MAY HAVE 3-4 HOMES THAT YOU ACQUIRED FOR PENNIES!
These properties can then be converted over to GROUP HOMES.
(IMAGINE 4 HOMES MAKING YOU $3,000 PER MONTH EACH! – $12,000/MONTH)
The beauty of this model is that you either have a home you bought for 30% – 60% of the market value or you picked it up with cheap-financing in place!
Remember one of the KEY SECRETS IN MY FREE 10-PART COURSE is CHEAP HOUSES IN AFFORDABLE NEIGHBORHOODS! The cheaper the underlying rent/mortgage – the more money you will make!
Questions?
Do you have a great deal but do not have the capital to buy it or have the paperwork system in place?
Need further questions answered on the ins and outs of running a group home?
Want to fast track it right now? Just get the FREE 10-PART COURSE. No licenses needed, minimal capital required and you can be up and going in 30-45 days.
WHERE DO YOU THINK THESE PEOPLE ARE GOING TO LIVE ONCE THEY ARE EVICTED?
HINT: YOUR GROUP HOME!
There has NEVER BEEN A BETTER TIME TO START YOUR GROUP HOME. Demand is SKYROCKETING! PEOPLE NEED A PLACE TO LIVE! THIS IS THE REAL BEAUTY OF THIS COURSE!
